Arbeitspapier

Are Personality Traits Really Fixed and Does It Matter?

A nascent but burgeoning literature examines the importance of non-cognitive skills in determining success across many facets of life. The majority of these papers treat these skills as fixed traits for adults. We estimate the impact of a number of life events on the Big Five personality traits and locus of control. A subset of life events have large impacts on these non-cognitive skills, especially on locus of control. For some events, these impacts persist in the medium-run. We then demonstrate that treating personality traits as fixed can lead to biased estimates of their relationship with socioeconomic outcomes.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 13342

Klassifikation
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Methodological Issues: General
Thema
personality
non-cognitive skills
life events
fixed

Ereignis
Geistige Schöpfung
(wer)
Stillman, Steven
Velamuri, Malathi
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Stillman, Steven
  • Velamuri, Malathi
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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